Evernest Financial Advisors LLC Has $20.57 Million Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Evernest Financial Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 146.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 399,782 shares of the company’s stock after purchasing an additional 237,452 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for 4.4% of Evernest Financial Advisors LLC’s portfolio, making the stock its 5th largest position. Evernest Financial Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $20,569,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SPSM. Morgan Stanley increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the fourth quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock valued at $644,197,000 after purchasing an additional 8,375,030 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the second quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after purchasing an additional 1,470,388 shares in the last quarter. LPL Financial LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock valued at $1,264,764,000 after purchasing an additional 1,362,095 shares in the last quarter. Morningstar Investment Management LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 310.1% during the third quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock valued at $46,049,000 after purchasing an additional 751,719 shares in the last quarter. Finally, Betterment LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the fourth quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock valued at $878,977,000 after purchasing an additional 614,934 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA SPSM opened at $55.91 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $40.99 and a fifty-two week high of $56.28. The company has a 50 day simple moving average of $52.78 and a two-hundred day simple moving average of $50.26. The company has a market capitalization of $16.09 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02.

About SPDR Portfolio S&P 600 Small Cap ETF

The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of US small-cap stocks selected by the S&P Committee. SPSM was launched on Jul 8, 2013 and is managed by State Street.